Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.54%

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At the close in Saudi Arabia, the Tadawul All Share declined 0.54%.

The best performers of the session on the Tadawul All Share were Saudi Advanced Industries Co. (SE:2120), which rose 9.90% or 2.31 points to trade at 25.65 at the close. Meanwhile, Etihad Atheeb Telecommunication (SE:7040) added 9.84% or 2.800 points to end at 31.250 and Al-Jouf Agriculture Development Co (SE:6070) was up 9.15% or 6.70 points to 79.90 in late trade.

The worst performers of the session were Saudi Cable Company (SE:2110), which fell 3.36% or 1.10 points to trade at 31.65 at the close. Arab Sea Information Systems Co SJSC (SE:7201) declined 3.24% or 3.80 points to end at 113.60 and AXA Cooperative Insurance Company SJSC (SE:8250) was down 3.22% or 1.20 points to 36.05.

Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 128 to 63 and 12 ended unchanged.

Shares in Saudi Advanced Industries Co. (SE:2120) rose to 5-year highs; gaining 9.90% or 2.31 to 25.65. Shares in Etihad Atheeb Telecommunication (SE:7040) rose to 5-year highs; gaining 9.84% or 2.800 to 31.250. Shares in Al-Jouf Agriculture Development Co (SE:6070) rose to 5-year highs; up 9.15% or 6.70 to 79.90.

Crude oil for April delivery was down 3.01% or 1.91 to $61.62 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.54% or 1.68 to hit $64.43 a barrel, while the April Gold Futures contract fell 2.42% or 42.95 to trade at $1732.45 a troy ounce.

EUR/SAR was down 0.84% to 4.5279, while USD/SAR rose 0.01% to 3.7505.

The US Dollar Index Futures was up 0.90% at 90.947.

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